720 McDaniel AveMinervaOH44657
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Minerva at 720 McDaniel Ave, Minerva, OH, 44657 listed at $199,900 pairs $840/mo rent with a $978/mo payment. Total monthly income runs $840/mo. Return on cash invested measures 11.32% in year one, and rental yield registers 5.04% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 57.3% and total cumulative return in cash totals $37,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $840/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 44657, Minerva, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,408 (100%) |
| Owner Occupied HU | 3,016 (68.4%) |
| Renter Occupied HU | 1,078 (24.5%) |
| Vacant Housing Units | 314 ( 7.1%) |
| Median Home Value | $199,071 |
| Average Home Value | $229,057 |
Housing Distribution
Address Breakdown
Residential
4,196
Single Family
4,107
Multi-Family
89
Businesses
254
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